Multi-Family Units generate income while you build equity in your investment. They can be steady income earners or be viewed as a "Fix & Flip".

 

 

18 Unit Apartment Complex - West Palm Beach
9.6% Cap In This Great 18-Unit Cbs Apt Bldg Right In Front Of New Housing Project On Nicer Corner Lot. Contract W/Housing Authority Guarantees Rent & Pays For Move-Out Repairs Subject To Provisions. Property Was Built In Two Phases (1959 & 1925) & Remodeled In 1990. Also 10 Units Have Been Recently Renovated And 2 More Are Being Upgraded. Separate Water & Electric Meters.

Purchased for $440,000
Sold for $770,000

Northboro Park Historic Park Dist, One Story Spanish Mission. Renovated, Tiled, Sun Porch Entry, Wood Burn Fireplace. New Kitch/Bath Sept Laundry, Detached 2/1 Cbs Cottage, Walk To Northboro Montessori. This Spanish Mission Has Many Original Architectural Details That Are Sure To Impress Including Hardwood Floors, Archways, And High Ceilings. There Is A Privacy Fence Between The Home And Cottage For Complete Privacy. The Cottage Is A Two Bedroom And Accessible From The Rear Alley. Both Are Currently Rented.

Purchased for $119,000
Sold for $339,000

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All Content Copyright 2004-2006 Florida Investment Property
Rhys Hollyman - Broker / Owner of Logan Realty Inc. Tel: 561-655-1233 - Mobile: 561-351-1686 - Email